Trending development, economic & real estate news
West Park developments see progress
Long Cleveland’s most stable neighborhood, West Park has been getting a little gray in the 20th century. While several other Cleveland neighborhoods are seeing new housing and businesses get built, that investment has largely eluded West Park. Until now.
Notable real estate investment firms merge
Legacy RHM Capital, a fully integrated real estate investment platform focused on acquiring, operating and enhancing institutional-quality multifamily properties, announced its formation through the strategic merger of Legacy Capital Partners and RHM Capital Group.
Downtown garage is coming down
A small, decaying parking garage on an available property near Progressive Field in Downtown Cleveland is likely to be demolished soon. The question is, what might replace it now and for the long term?
Downtown property owners renew special improvement district
Downtown Cleveland, Inc. today announced Cleveland City Council’s approval of the reauthorization of the Downtown Cleveland Improvement District, raising about $43.5 million in dedicated funding through 2032.
Port of Cleveland names new CEO
The Port of Cleveland announced today that it has nominated Jeff Epstein to serve as its next president and chief executive officer, pending formal board approval. Epstein brings more than two decades of experience at the intersection of economic development, public-private partnerships, and transformative urban investment.
Gateway South soccer stadium ‘full steam ahead’
A soccer stadium development company that responded to Cleveland State University’s (CSU) offer to repurpose its Wolstein Center site is doing so without coordinating with a non-profit group that has been seeking to develop a soccer stadium at the Gateway South area.
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